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Two-thirds of NSW residents are unprepared for the looming storm season, and as storms lash the north of the state, the State Emergency Service has issued a warning against complacency.New storm claims data and consumer research released by NRMA Insurance and NSW SES reveals storms are the biggest cause of property damage in the state, with an annual cost of $1.56 billion.

If you see this text then your files are no longer accessible, because they have been encrypted,” read the message on the computer screen. “Please follow the instructions and send $300 of Bitcoin to the following address.”

Soon after a high performer is put into a position of being responsible for other people, the reality sets in that it’s not easy. It’s hard because no longer do you get to think about yourself all the time – you are required to think about others and what’s in their best interest before your own

Munich Re has estimated that the cyber insurance market will double by 2020, thanks to an increase in the use of connected devices and the subsequent surge of complex risks associated with such systems.

Social media juggernaut Facebook made the headlines yet again, this time as the victim of a massive data breach that affected as many as 50 million user accounts. But one cyber expert warns stolen logins should not be the only thing users are worried about.

We’re often told to “reach for the stars” in our endeavours – but it’s not usually meant so literally.Yet many insurers around the world have done just that, by offering insurance against alien abduction.

With the insurance hearings of the Financial Services Royal Commission currently underway, explosive revelations about unethical and illegal practices within the industry have dominated media headlines. Already, numerous insurers have seen real-world consequences, with stock prices dropping and potentially-irreparable brand damage.